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Awaiting price reaction for this filing.
B-Right Realestate Ltd has informed the stock exchanges that its Board of Directors will meet on July 24, 2025 to consider and approve raising of funds through issuance of equity shares or other eligible securities, or through borrowing (debt), subject to shareholder approval. The Board will also consider migrating the company's listing from the BSE SME Platform to the Main Board of BSE or NSE. A postal ballot process will be initiated to seek member approval for these proposals. The trading window for designated persons has been closed from July 21, 2025 until 48 hours after the outcome of the Board Meeting is communicated.
Shareholders should watch for details on the proposed fund raise (size, mode, and pricing) and the SME-to-Main Board migration in the coming days, as both developments could materially affect share price, liquidity, and dilution. Main Board migration, if approved, would generally mean higher visibility and broader investor participation for retail holders.